POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks
- Collaboration with MultiLane Inc. to develop high-speed transceivers.
- Focus on 800G, 1.6T, and higher speed modules for data center and AI markets.
- Aim to reduce costs and improve power efficiency compared to existing solutions.
- Anticipate meeting the increasing demand for scalable hardware components.
- Initial samples of pluggable transceiver modules expected in late 2024.
- Market for 800G transceiver modules forecasted to reach $1.7 billion by 2027.
- None.
The partnership between POET Technologies and MultiLane Inc. to develop high-speed transceivers is a strategic move in the telecommunications sector. As the demand for data and higher bandwidth continues to rise, driven by AI and cloud computing, the need for efficient and cost-effective data transmission solutions becomes increasingly important. The collaboration aims to produce 800G, 1.6T and potentially 3.2T pluggable transceivers, which are significant upgrades over the current industry standards. These advancements could lead to a substantial market share shift if the cost and power efficiency improvements are realized.
For investors, the market potential as highlighted by LightCounting, with an expected growth from $750 million to $1.7 billion by 2027 for 800G transceivers, indicates a significant opportunity. However, it is essential to monitor the execution of this partnership and the reception of the initial samples slated for late 2024. The ability of POET Technologies and MultiLane to deliver on their promises could impact their stock performance and market position, especially if they can shorten design cycles and accelerate time to market as claimed.
When evaluating the potential impact of this announcement on the stock market, one must consider the competitive landscape and the adoption curve of new technologies. The collaboration's focus on both DSP integrated and Linear Pluggable Optics (LPO) variants shows a comprehensive approach to cater to different market needs. The success of these products will depend on their interoperability with existing systems and the ease of integration into current data center architectures.
Investors should be aware that while the partnership appears promising, the actual market penetration will depend on several factors, including product reliability, competitive pricing and the ability to meet the evolving standards of high-speed data transmission. The forecasted market growth is a positive indicator, but the actual financial impact will be clearer post the release of initial samples and subsequent adoption rates.
The strategic collaboration between POET Technologies and MultiLane could be a significant driver for revenue growth, especially with the targeted cost and power efficiency improvements. From a financial perspective, the ability to meet the forecasted demand and capture a portion of the growing market could lead to an upward revision of revenue projections and potentially increase investor confidence.
However, the capital required for research and development, along with the risks associated with bringing new technology to market, should be factored into the investment analysis. The timeline to market readiness and the subsequent ramp-up phase will also determine the cash flow implications and the potential need for additional financing. Investors should closely monitor the progress of the collaboration and any updates on the technological advancements and market readiness.
TORONTO and SAN JOSE, Calif., March 27, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for data center, telecommunication and AI markets announced today a collaboration with MultiLane Inc., a leading provider of high-speed IO and data center interconnect test solutions, to develop next-generation, performance-optimized pluggable 800G, 1.6T and higher speed transceivers using POET’s newly designed transmit and receive optical engines. POET and MultiLane will focus on jointly developing pluggable transceivers that will reduce cost and improve power efficiency over existing solutions, and address the increasing need for more scalable hardware components for AI and cloud data center markets.
“Our intent with this collaboration is to design cost-optimized 800G modules that offer superior performance with both the DSP integrated version as well as Linear Pluggable Optics (LPO) variants. We also want to kick start our designs for 1.6T and 3.2T pluggable transceivers for the most advanced data center and AI network operators,” said Raju Kankipati, POET’s SVP of Product Management. “We have to plan and develop ahead of market demand and be ready when customers are ready to test these higher speeds. The collaboration with MultiLane will significantly shorten the design cycle time for POET’s technology and will enable us to bring this value to our global customers much more quickly.”
“We are excited to collaborate with POET, offering our services in product development, testing automation, and contract manufacturing to accelerate the product development and launch,” said Fadi Daou, Founder and CEO of MultiLane. “MultiLane specializes in high throughput testing that enables shorter design cycles and a faster time to market; driving industry innovation and maintaining a healthy networking ecosystem.”
Initial samples of pluggable transceiver modules from this collaboration are expected to be available in late 2024. According to LightCounting the market for 800G transceiver modules is approximately
About POET Technologies Inc.
POET Technologies is a design and development company offering integration solutions based on the POET Optical Interposer™, a novel platform that allows the seamless integration of electronic and photonic devices into a single multi-chip module using advanced wafer-level semiconductor manufacturing techniques and packaging methods. POET’s Optical Interposer eliminates costly components and labor-intensive assembly, alignment, burn-in and testing methods employed in conventional photonics. The cost-efficient, passive integration scheme and scalability of the POET Optical Interposer brings value to any device or system that integrates electronics and photonics, including some of the highest growth areas of computing, such as Artificial Intelligence (AI), the Internet of Things (IoT), autonomous vehicles and high-speed networking for cloud service providers and data centers. POET is headquartered in Toronto, with operations in Allentown, Pa., Shenzhen, China and Singapore. More information may be obtained at www.poet-technologies.com.
| Media Contact: Adrian Brijbassi adrian.brijbassi@poet.tech | Company Contact: Thomas R. Mika, EVP & CFO tm@poet.tech |
About MultiLane Inc.
For over a decade, MultiLane has been supplying the high-speed data center and semiconductor industries with top-tier, scalable test and measurement solutions. We work at the forefront of industry trends, anticipate upcoming technologies, and develop the tools to enable their accelerated creation and adoption. Our portfolio of high-speed I/O test solutions encompasses IC and transceiver characterization, semiconductor testing, active and passive electrical and optical cable testing, system switch cards, link testing, pioneering Automated Test Equipment (ATE), and Network Management Services. Some of the most dominant technology companies in the world rely on MultiLane equipment to build and test their networks. Please visit www.multilaneinc.com for more information.
Forward-Looking Information
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